


Listing Description
Lifestyle Investment or Development Opportunity
75 Old Parua Bay Road, Parahaki, Whangarei, Northland
Price by negotiation
Details
Attribute | Value |
---|---|
Property type | Dwelling |
Capital value (CV) | $875,000 |
Parking | 2 garage spaces, 6 open spaces |
Agency reference | WR47529 |
Description
Here you can own 5 hectares of prime land, perfectly positioned just moments from Whangarei's vibrant Town Basin. This isn't just a property; it's an investment in your future, offering the best of both worlds - tranquil rural living with incredible development opportunities.
Step inside to be welcomed by a comfortable three-bedroom home that's ready for you to enjoy. With an internal access double garage, and a deck that boasts beautiful, expansive views. This is a place where you can truly relax and unwind.
The property's incredible value is amplified by its Future Urban Zone zoning. Whether you're exploring the concept plans for a five lot subdivision right now (subject to consent) or envisioning the long term potential of up to 24 lots (subject to consent), your investment here is genuinely future proofed.
If developing isn't for you, this property now offers unique opportunities for a "hold and grow" strategy. The recent harvesting of the onsite pine trees has left an abundant amount of firewood, ready to keep you warm for many seasons to come. Even better, the cleared areas present a blank canvas for you to replant. Imagine the value increasing over time as your trees grow, creating a beautiful and sustainable asset.
The versatile land offers flat to sloping contours, providing plenty of scope for additional building sites or creating paddocks. Essential infrastructure is already in place, including tank and creek water, a septic system, and a substantial two-bay shed with a concrete floor and three-phase power.
At 75 Old Parua Bay Road, the choice is yours! Enjoy the established comforts of the home, develop for immediate returns, cultivate a biodiverse sanctuary, or simply hold this strategic asset for exponential growth. You're not just buying a property; you're securing a future.
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